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	<title>Comments on: Should Schools have Money Management Classes?</title>
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	<link>http://www.fortunewatch.com/should-schools-have-money-management-classes/</link>
	<description>Money Is Power</description>
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		<title>By: Chad</title>
		<link>http://www.fortunewatch.com/should-schools-have-money-management-classes/comment-page-1/#comment-4047</link>
		<dc:creator>Chad</dc:creator>
		<pubDate>Sat, 15 Sep 2007 00:36:52 +0000</pubDate>
		<guid isPermaLink="false">http://fortunewatch.com/?p=397#comment-4047</guid>
		<description>In Texas we had (in 98) a course called Math of Money. It wasn&#039;t required so most people didn&#039;t take it. It basically taught us to balance a check book, budgeting for the household expenses and some other extremely common sense stuff - it was basically the blow-off elective that many took as a senior.

I really wish it had covered TVM and maybe even concepts of valuation and different measures of risk. Understanding TVM is the one thing that may keep kids from jumping at all those credit card offers they are about to receive; I never understood how they completely ignored that point.</description>
		<content:encoded><![CDATA[<p>In Texas we had (in 98) a course called Math of Money. It wasn&#8217;t required so most people didn&#8217;t take it. It basically taught us to balance a check book, budgeting for the household expenses and some other extremely common sense stuff &#8211; it was basically the blow-off elective that many took as a senior.</p>
<p>I really wish it had covered TVM and maybe even concepts of valuation and different measures of risk. Understanding TVM is the one thing that may keep kids from jumping at all those credit card offers they are about to receive; I never understood how they completely ignored that point.</p>
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		<title>By: Robin Bal</title>
		<link>http://www.fortunewatch.com/should-schools-have-money-management-classes/comment-page-1/#comment-4046</link>
		<dc:creator>Robin Bal</dc:creator>
		<pubDate>Fri, 14 Sep 2007 14:55:25 +0000</pubDate>
		<guid isPermaLink="false">http://fortunewatch.com/?p=397#comment-4046</guid>
		<description>Hi Aznewsh,

You have done a great job by already by starting off early for your daughters college education. Personally I would have been better off if I had learned finance management early.

Take care and cheers</description>
		<content:encoded><![CDATA[<p>Hi Aznewsh,</p>
<p>You have done a great job by already by starting off early for your daughters college education. Personally I would have been better off if I had learned finance management early.</p>
<p>Take care and cheers</p>
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		<title>By: Why not teach money management to kids in high school? &#124; Moolanomy</title>
		<link>http://www.fortunewatch.com/should-schools-have-money-management-classes/comment-page-1/#comment-4045</link>
		<dc:creator>Why not teach money management to kids in high school? &#124; Moolanomy</dc:creator>
		<pubDate>Fri, 14 Sep 2007 11:06:03 +0000</pubDate>
		<guid isPermaLink="false">http://fortunewatch.com/?p=397#comment-4045</guid>
		<description>[...] have been giving this subject a lot of thought lately. After reading Should Schools have Money Management Classes?, an excellent post from Fortune Watch, I am finally going to write about this. As far as I can [...]</description>
		<content:encoded><![CDATA[<p>[...] have been giving this subject a lot of thought lately. After reading Should Schools have Money Management Classes?, an excellent post from Fortune Watch, I am finally going to write about this. As far as I can [...]</p>
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		<title>By: aznewsh</title>
		<link>http://www.fortunewatch.com/should-schools-have-money-management-classes/comment-page-1/#comment-4043</link>
		<dc:creator>aznewsh</dc:creator>
		<pubDate>Wed, 12 Sep 2007 22:49:28 +0000</pubDate>
		<guid isPermaLink="false">http://fortunewatch.com/?p=397#comment-4043</guid>
		<description>Great post! I dearly wish this subject would be taught at school. My daughter will not even be born until November, yet her college savings and retirement plan has already been started by me.
I will take great care to teach her personal finances, all the things I wish I would have known when i was younger.</description>
		<content:encoded><![CDATA[<p>Great post! I dearly wish this subject would be taught at school. My daughter will not even be born until November, yet her college savings and retirement plan has already been started by me.<br />
I will take great care to teach her personal finances, all the things I wish I would have known when i was younger.</p>
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		<title>By: Pinyo</title>
		<link>http://www.fortunewatch.com/should-schools-have-money-management-classes/comment-page-1/#comment-4041</link>
		<dc:creator>Pinyo</dc:creator>
		<pubDate>Wed, 12 Sep 2007 14:53:36 +0000</pubDate>
		<guid isPermaLink="false">http://fortunewatch.com/?p=397#comment-4041</guid>
		<description>This is a topic near and dear to my heart.  I got the other non-academic education classes like man and woman thing (don&#039;t want to use the 3-letter word) and driver ed.  I think money management education is absolutely essential.  I think junior year in high school is the perfect time; or it could a requirement for getting junior work permit.</description>
		<content:encoded><![CDATA[<p>This is a topic near and dear to my heart.  I got the other non-academic education classes like man and woman thing (don&#8217;t want to use the 3-letter word) and driver ed.  I think money management education is absolutely essential.  I think junior year in high school is the perfect time; or it could a requirement for getting junior work permit.</p>
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		<title>By: Anna</title>
		<link>http://www.fortunewatch.com/should-schools-have-money-management-classes/comment-page-1/#comment-4038</link>
		<dc:creator>Anna</dc:creator>
		<pubDate>Thu, 16 Aug 2007 20:14:57 +0000</pubDate>
		<guid isPermaLink="false">http://fortunewatch.com/?p=397#comment-4038</guid>
		<description>We didn&#039;t have money management courses in high school either - but I would have jumped at the opportunity if it meant I could have avoided political science! ughh! lol.

I think every high school should have a money management class. I started teaching my kids about money early, by getting them their own bank cards and making them responsible for a portion of their own purchases. If they wanted something bad enough, they would save their allowances until they could afford it, otherwise they did without.

My older son (he&#039;s 22 now and a carpenter) finally got his first vehicle after putting away a portion of his pay for a year into savings. He was able to pay cash and avoid all the hassle of bank loans or leases. That&#039;s the difference.

Take care;
Anna</description>
		<content:encoded><![CDATA[<p>We didn&#8217;t have money management courses in high school either &#8211; but I would have jumped at the opportunity if it meant I could have avoided political science! ughh! lol.</p>
<p>I think every high school should have a money management class. I started teaching my kids about money early, by getting them their own bank cards and making them responsible for a portion of their own purchases. If they wanted something bad enough, they would save their allowances until they could afford it, otherwise they did without.</p>
<p>My older son (he&#8217;s 22 now and a carpenter) finally got his first vehicle after putting away a portion of his pay for a year into savings. He was able to pay cash and avoid all the hassle of bank loans or leases. That&#8217;s the difference.</p>
<p>Take care;<br />
Anna</p>
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		<title>By: Cheufong</title>
		<link>http://www.fortunewatch.com/should-schools-have-money-management-classes/comment-page-1/#comment-4037</link>
		<dc:creator>Cheufong</dc:creator>
		<pubDate>Mon, 13 Aug 2007 15:54:26 +0000</pubDate>
		<guid isPermaLink="false">http://fortunewatch.com/?p=397#comment-4037</guid>
		<description>Hi Robin,
Thanks for writing about this.  Much needed.

In our official education curriculum, there is no personal financial management module. Though I heard from some friends, some schools are now engaging outside trainers to  teach kids financial intelligence.  I&#039;m not sure about the exact contents, however, I could say it&#039;s good start.

My days in school passed by quickly without the slightest clue about money management. You&#039;d probably have read about my personal experience and mistakes with money management on my blog. I always say, I&#039;d be a rich woman now, if only I learnt how to manage my money when I was younger.

That&#039;s why I strongly agree that learning how to control one’s money would be of more help to most people.  I can&#039;t remember much about chemistry, except on dates  :razz:
And that&#039;s why I&#039;ve included some articles on teaching kids money sense on my blog.

Bottom line to me -not all families teach kids how to manage money properly.  To bridge the divide between the rich and the poor, the education system could do something.</description>
		<content:encoded><![CDATA[<p>Hi Robin,<br />
Thanks for writing about this.  Much needed.</p>
<p>In our official education curriculum, there is no personal financial management module. Though I heard from some friends, some schools are now engaging outside trainers to  teach kids financial intelligence.  I&#8217;m not sure about the exact contents, however, I could say it&#8217;s good start.</p>
<p>My days in school passed by quickly without the slightest clue about money management. You&#8217;d probably have read about my personal experience and mistakes with money management on my blog. I always say, I&#8217;d be a rich woman now, if only I learnt how to manage my money when I was younger.</p>
<p>That&#8217;s why I strongly agree that learning how to control one’s money would be of more help to most people.  I can&#8217;t remember much about chemistry, except on dates  <img src='http://www.fortunewatch.com/wp-includes/images/smilies/icon_razz.gif' alt=':razz:' class='wp-smiley' /><br />
And that&#8217;s why I&#8217;ve included some articles on teaching kids money sense on my blog.</p>
<p>Bottom line to me -not all families teach kids how to manage money properly.  To bridge the divide between the rich and the poor, the education system could do something.</p>
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		<title>By: Vivienne Quek</title>
		<link>http://www.fortunewatch.com/should-schools-have-money-management-classes/comment-page-1/#comment-4036</link>
		<dc:creator>Vivienne Quek</dc:creator>
		<pubDate>Mon, 13 Aug 2007 13:07:52 +0000</pubDate>
		<guid isPermaLink="false">http://fortunewatch.com/?p=397#comment-4036</guid>
		<description>I just visited http://www.cheufong.com at your  blogroll and noticed that the writer has a series of 4 posts on &lt;a&gt;teaching kids money sense&lt;/a&gt;

Coincidental? Still, it&#039;s an interesting find.</description>
		<content:encoded><![CDATA[<p>I just visited <a href="http://www.cheufong.com" rel="nofollow">http://www.cheufong.com</a> at your  blogroll and noticed that the writer has a series of 4 posts on <a>teaching kids money sense</a></p>
<p>Coincidental? Still, it&#8217;s an interesting find.</p>
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		<title>By: Rod Thomas</title>
		<link>http://www.fortunewatch.com/should-schools-have-money-management-classes/comment-page-1/#comment-4035</link>
		<dc:creator>Rod Thomas</dc:creator>
		<pubDate>Sun, 12 Aug 2007 20:10:49 +0000</pubDate>
		<guid isPermaLink="false">http://fortunewatch.com/?p=397#comment-4035</guid>
		<description>Hi Robin

Good article, I have been involved with financial management most of my life but i didn&#039;t learn it in school,  I was fortunate enough to learn from my peers and my family.  It would highly beneficial for chidlren to learn financial management in school.

Imagine having financial knowledge by the time you left high school, it would be great, however not so good for the Government.</description>
		<content:encoded><![CDATA[<p>Hi Robin</p>
<p>Good article, I have been involved with financial management most of my life but i didn&#8217;t learn it in school,  I was fortunate enough to learn from my peers and my family.  It would highly beneficial for chidlren to learn financial management in school.</p>
<p>Imagine having financial knowledge by the time you left high school, it would be great, however not so good for the Government.</p>
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		<title>By: Steven Aitchison</title>
		<link>http://www.fortunewatch.com/should-schools-have-money-management-classes/comment-page-1/#comment-4034</link>
		<dc:creator>Steven Aitchison</dc:creator>
		<pubDate>Sun, 12 Aug 2007 20:05:06 +0000</pubDate>
		<guid isPermaLink="false">http://fortunewatch.com/?p=397#comment-4034</guid>
		<description>Without doubt, children should have to learn financial management.  I am teaching my two sons, 10 and 12 years old about compound interest, credit control, and planning for the future.  i so wished I had been taught about money management when i was younger.

Thanks for the post, you have a good blog here.</description>
		<content:encoded><![CDATA[<p>Without doubt, children should have to learn financial management.  I am teaching my two sons, 10 and 12 years old about compound interest, credit control, and planning for the future.  i so wished I had been taught about money management when i was younger.</p>
<p>Thanks for the post, you have a good blog here.</p>
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